To sum up, if there was a 50p for every £1000 tax on the banks for every transaction made that doesn't involve members of the public (just commercial transactions) there would be an estimated £50-£250 billion raised for the economy. Obviously there is a lot more to this, go to the website above for further info.
Who’s in?
Gordon Brown, Angela Merkel (the German Chancellor) and Nicolas Sarkozy (the French President) have all spoken out in support of a tax on financial transactions.
Plenty of business bigwigs are on-board too. Like Lord Turner (from the Financial Services Authority), George Soros (the philanthropist) and Warren Buffet (US businessman extraordinaire). And then there are the hundreds of economists who have backed the idea, too.
This isn’t some crazy pipedream. It’s a simple and brilliant idea which transcends party politics and which – with your support – can become a reality.
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